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Companies to add 40 mln barrels of oil to US SPR after Iran war ends, energy secretary says

Companies that borrowed oil from the U.S. Strategic ​Petroleum Reserve in recent months will add an extra 40 million ‌barrels of crude in the form of premiums after the conflict in Iran is over, U.S. Energy Secretary Chris Wright said on ​Friday in an interview on Fox Business.

WASHINGTON, June 5 (Reuters) – Companies that borrowed oil from the U.S. Strategic ​Petroleum Reserve in recent months will add an extra 40 million ‌barrels of crude in the form of premiums after the conflict in Iran is over, U.S. Energy Secretary Ch… [1079 chars]

Source: Reuters | Published: 2026-06-05T16:11:01Z

Credit: Reuters

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